Samuel Yount - Dec 30, 2024 Form 4 Insider Report for NERDWALLET, INC. (NRDS)

Role
Chief Business Officer
Signature
/s/ Kathy Lee, Attorney-in-Fact for Samuel Yount
Stock symbol
NRDS
Transactions as of
Dec 30, 2024
Transactions value $
-$5,980,523
Form type
4
Date filed
1/2/2025, 06:53 PM
Previous filing
Dec 23, 2024
Next filing
Jan 7, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRDS Class A Common Stock Sale -$26.9K -2K -0.25% $13.45 802K Dec 30, 2024 By Trusts F1, F2
transaction NRDS Class A Common Stock Sale -$13.5K -1K -0.25% $13.45 401K Dec 30, 2024 By LLC F1, F2
transaction NRDS Class A Common Stock Sale -$3.96M -293K -36.62% $13.49 508K Jan 2, 2025 By Trusts F1
transaction NRDS Class A Common Stock Sale -$1.98M -147K -36.62% $13.49 254K Jan 2, 2025 By LLC F1
holding NRDS Class A Common Stock 519K Dec 30, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported for this transaction (on this Form 4) were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 9/11/24.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.45 to $13.46, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 Includes 506,424 Restricted Stock Units payable solely in the Class A Common Stock of the Issuer.